Price rejection at resistance.
Ethereum broke out of a horizontal range on the downside and moved down sharply. As a pullback it has come back up to test the resistance (previous support). This could be a potential high reward to risk opportunity.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.